Hagerstown, MD Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Hagerstown, MD. Based on 30+ datapoints.
Hagerstown, MD Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
4.2%
Avg Cash on Cash
-8.9%
Median Cashflow
-$634/mo
Avg Rent Estimate
$2,137/mo
Avg Price
$358,533
Price Range
$150,000 - $554,900
Rent to Price
0.6%
low ratio
Positive Cashflow
12%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Hagerstown, MD
Hagerstown, MD is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.2%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 30+ analyzed properties, the median monthly cashflow in Hagerstown, MD is -$634 with average rents of $2,137/month. Properties range from $150,000 to $554,900, offering entry points across multiple investment budgets.
17534 Lincolnshire Rd, Hagerstown, MD 21740
Price
$275,000
Rent
$2,069
CachFlow
-$140
CoC
-2.91
13324 Hickory Hill Rd, Hagerstown, MD 21742
Price
$453,700
Rent
$2,961
CachFlow
-$595
CoC
-7.49
Hagerstown, MD Rental Market Insights
- •Median cashflow is -$634/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 12% positive cashflow rate, Hagerstown, MD requires selective property picks
- •Mid-to-upper tier market with properties from $150,000 to $554,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs